GBPUSD - Bulls face headwinds from key resistance but so far hold grip

avatar
· 阅读量 23

Bulls show initial signs of fatigue on approach to key barrier at 1.3434 (2024 high of Sep 26) after repeated failure to hold gains above 1.3400 handle.

Strongly overbought conditions on daily chart signal that the recent rally of eleven straight days might be running out of steam.

Dips were so far shallow and near term action still lacks correction signal (minimum requirement will be today’s close in red) as traders hesitate to take stronger profit-taking.

Growing tensions on trade war and the latest story on Trump-Powell conflict are expected to continue to fuel bids, suggesting scenario of consolidation or shallow pullback, preceding fresh push higher.

Initial supports lay at 1.3355/00 (session low / last week’s highs) followed by 1.3207 (Apr 3 spike high) and 1.3183 (rising 10DMA).

On the flip side, sustained break of 1.3434 trigger to end larger range and signal continuation of an uptrend from 2025 low (1.2099).

Res: 1.3400; 1.3434; 1.3515; 1.3588
Sup: 1.3355; 1.3300; 1.3207; 1.3183

GBPUSD - Bulls face headwinds from key resistance but so far hold grip

Share: Analysis feed

风险提示:以上内容仅代表作者或嘉宾的观点,不代表 FOLLOWME 的任何观点及立场,且不代表 FOLLOWME 同意其说法或描述,也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为,除非另有明确的书面承诺文件,否则本社区不承担任何形式的责任。

FOLLOWME 交易社区网址: www.followme.ceo

喜欢的话,赞赏支持一下
avatar
回复 0

加载失败()

  • tradingContest